ICPC raids Abuja property of military contractor, recovers N175m, $220k
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it raided the property of Kabiru Sallau, managing director of K Salam Construction Company Nigeria Limited, for alleged money laundering.
The ICPC said this following reports on Thursday that claimed the commission raided the properties belonging to Tukur Buratai, former chief of army staff, in Abuja, and recovered multi billion-naira luxuries.
In a statement issued by Azuka Ogugua, spokesperson of the ICPC, on Friday, the commission gave a detailed clarification about the raid, saying it recovered N175 million, $220,000, exotic cars, among others.
“The ICPC operatives raided a property in Wuse 2 of the Federal Capital Territory (FCT), Abuja, on Thursday, 16th June, 2022 between 5:00pm and 12:00am in suspicion of money laundering. Facts available for the time being indicate that the property is owned by the owner of K Salam Construction Company, a military contractor,” the statement reads.
“The Commission recovered money and other items from the property viz-a-viz N175,706,500; $220,965; G-Wagon; 2022 editions of BMW and Mercedes Benz cars; customized mobile phones; several designer wrist watches, including three Rolexes, and some property documents.
“The Commission arrested the Managing Director of K Salam Construction Company Nigeria Limited, Mr. Kabiru Sallau and investigation is ongoing.
“The Commission is yet to conclude its investigation and prefers not to preempt its outcome and also avoid the frenzy of a media trial.”